When to Take Social Security, from Scott Brooks
You can run a social security maximization program on you and your spouse to figure out what option gives you the best potential income.
anonymous writes:
Either your financial advisor has a tool such as Ssanalyzer (which can cost up to $1000 per year), or you can try your luck with free programs such as described here.
But in general the rule of thumb seems to be that unless you are destitute or in poor health it does not pay to to start collecting SS early (at 62) and you should wait until 66 or even beyond.
Comments
Ferdinand on June 11, 2015 4:58 pm
Supposing you’re of a libertarian mindset and find it unappetizing to be on welfare in your golden years — how do you renounce your claim on SS? Do you just refrain from ever filing?